Milestone
Prudent Resources at a Glance
- Active since 2018
- Acquisition experience across multiple premier U.S. basins
- Operated and non-operated assets
- Federal, state and private leasehold experience
Phase 1: Foundation
Established acreage position in the Bakken through acquisitions in Burke, Mountrail, Williams and Dunn Counties.
Expanded beyond North Dakota into Texas and Wyoming. Broadened acquisition strategy to include producing assets and multi-well packages
Acquired an 8-well non-operated package in Texas (Haynesville Basin)
Acquired 28-well package in Wyoming’s Rocky Mountain region (Green River Basin)
Phase 2: Operational Growth
Expanded acquisitions across the Permian, Green River Basin and Powder River Basins. Continued focus on multi-well packages, producing assets, and non-operated working interests
Acquired a 25-well non-operated package in Sweetwater County, Wyoming (Green River Basin)
Acquired a 3-well DUC package in Howard County, Texas (Permian Basin)
Acquired a 29-well package in Campbell and Converse Counties, Wyoming (Powder River Basin)
Acquired company’s first operated workinginterest acquisition: four Haynesville/Cotton Valley gas wells in Upshur County, Texas, with ~94 % working interest and ~84 % net revenue interest, producing roughly 436 MCF/d.
Acquired the Conrad 44-1GHZ well and associated leasehold in Morgan County, Colorado, establishing the company’s second operated position and expanding its footprint into the DJ Basin.
Phase 3: Strategic Consolidation
Increased focus on non-operated interests and producing assets in the Permian Basin. Expanded evaluation efforts within the Spraberry Field region of West Texas. Continued disciplined acquisition strategy targeting long-term cash-flow opportunities
Acquired a producing two-well non-operated interest package in Glasscock County, Texas
Acquired a producing Bakken participation opportunity in North Dakota. Expanded focus on producing working-interest assets with active development potential. Reviewed opportunities supported by significant nearby drilling and production activity. Continued building expertise and presence within the Bakken petroleum system.
Phase 4: Strategic Acreage Expansion
Participated in the BLM Wyoming Federal Oil & Gas Lease Sale. Acquired a federal lease parcel totaling approximately 2,133 acres. Expanded focus on large-scale acreage opportunities in the Rocky Mountain region. Continued disciplined evaluation of long-term exploration and development prospects
Building Trust through Transparency and Growth
Prudent Resources’ history demonstrates disciplined growth and diversification across premier U.S. basins. By documenting each step—from the first lease acquisitions to operated positions and largescale federal leases—this timeline shows a clear trajectory of responsible expansion. Sharing this narrative with visitors illustrates the company’s competence, strategic foresight and commitment to transparency. Today, Prudent Resources continues to pursue producing assets, working interests, and strategic leasehold opportunities that align with its disciplined, long-term investment approach.